Amphenol (APH) reported better than expected earnings and revenues for Q3.

From Nasdaq: 2024-10-23 09:10:02

Amphenol (APH) reported quarterly earnings of $0.50 per share, surpassing the Zacks Consensus Estimate of $0.45. This marks an 11.11% surprise. The company posted revenues of $4.04 billion, topping estimates by 7.11%. With a Zacks Rank #4 (Sell), future performance may underperform. Meta Platforms (META) is set to report earnings on October 30, with expected EPS of $5.17, up 17.8% year-over-year. The consensus EPS estimate has been revised 0.8% higher in the last 30 days to $40.16 billion in revenues.

In terms of future performance, investors are advised to keep track of earnings outlook and estimate revisions for both Amphenol and Meta Platforms. While Amphenol has seen favorable earnings surprises, Meta Platforms’ anticipated earnings growth reveals positive prospects. With a reliable ranking tool like Zacks Rank, investors can make informed decisions regarding these stocks based on earnings outlook and industry projections.

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